Canada GDP Seen Expanding for 3rd Month

2026-03-31 12:40 By Andre Joaquim 1 min. read

The Canadian gross domestic product expanded by 0.2% from the previous month in February of 2026, according to a flash estimate.

This was supported by higher output in manufacturing, mining, and quarrying, and financial services, which offset contractions for agriculture and forestry.

The expansion is set to extend the 0.1% growth rate from January, which was upwardly revised from the initial estimate of a stall.

Growth was carried by goods producing industries (0.2%) as higher construction (2.2%) and mining and quarrying (1.2%) offset the drop for manufacturing (-1.4%).

In turn, services producing industries stalled.

Output increased in finance and insurance (0.5%), and retail trade (0.8%), offsetting the contraction for wholesale trade (-1.2%) and transportation and warehousing (-0.7%), which was pressured by extreme weather conditions that prevented logistics.



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Canada GDP Seen Expanding for 3rd Month
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